Allen West 'Concerned' More About Elizabeth Warren Than Hillary Clinton For 2016

Former Rep. Allen West (R-Fla.) said he's more "concerned" about a potential presidential run from Sen. Elizabeth Warren (D-Mass.) than former Secretary of State Hillary Clinton, according to the Boston Herald.

“Elizabeth Warren is their darling. That’s who they want,” West said. “And they have to run another woman because they need the marketing gimmick of the first something. We had the first black president... and now we’re going to have to have the first woman president.”

West said he's not making any 2016 plans as of now, claiming "any person that says 'I'm thinking about running for president' should not be president."

"I believe that is something you should should be called to do, not something you should sit back and plan to do, and I believe that's why we have the troubles that we have in our country," West said.

Allen West 'Concerned' More About Elizabeth Warren Than Hillary Clinton For 2016

Elizabeth Warren

Elizabeth Warren

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Introduces Financial Product Safety Commission

Elizabeth Warren <a href="http://www.huffingtonpost.com/2009/03/10/financial-product-safety_n_173691.html" target="_hplink">announced</a> a bill creating a Financial Product Safety Commission with House and Senate Democrats in March 2009. The body was designed to have oversight over mortgages and other financial instruments to protect consumers against predatory practices. She said if the agency had existed before the subprime collapse then "there would have been millions of families who got tangled in predatory mortgages who never would have gotten them." HuffPost's Ryan Grim <a href="http://www.huffingtonpost.com/2009/03/10/financial-product-safety_n_173691.html" target="_hplink">reported</a>:
Without all these toxic assets on banks' balance sheets, the institutions wouldn't be on the brink of collapse and the recession would be more manageable. "Consumer financial products were the front end of the destabilization of the American economic system."
Sen. Charles Schumer's cosponsorship of the bill is notable because of his proximity to Wall Street. The bill's merit, the New York Democrat said, is that it regulates the actual financial product rather than the company producing it.